GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.016%

Price spread now: Injective against Polymarket Perps+0.081%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.081%, 7d avg +0.115%

Together, before fees−0.082%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.115%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOOG-USD	356.83	0.0050	pay 0.0006% / 1h	2m 43s	$684K	$430K	10x
Short	Injective GOOGL/USDC PERP	357.12	0.0033	get 0.0004% / 1h	2m 43s	$128K	$45K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee InjectivebpOrdersPrice spread, now +0.081%Rate

Funding earned: −$3.5
Price spread: +0.081% → +0.115%: −$3.42
Slippage, 4 orders: −$26.9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$41.83
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 40 min ago; Injective: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 40 min ago	3.51 bp	7.5 bp −$8	8.4 bp −$84	9.6 bp −$960	doesn't fit
Sell Injective live order book, 41 min ago	9.94 bp	10.0 bp −$10	10.0 bp −$100	doesn't fit	doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.60	−0.064%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.13	+0.084%	$13.6M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.01	+0.050%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.20	+0.104%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.04	+0.060%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.10	+0.076%	$23K	$444K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.11	+0.078%	$1K	$4.0M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.21	+0.106%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.17	+0.095%	$2.7M	$88K	10x	as long as short
Aster GOOGLUSDT	+0.0012%	8h	357.20	+0.104%	$365K	$424K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GOOGL-PERP	+0.0012%	1h	356.93	+0.029%	$549K	$92K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0019%	1h	356.99	+0.044%	$144K	$45K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.05	+0.062%	$1.3M	$2.1M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.04	+0.060%	$425K	$1.5M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0032%	1h	356.96	+0.036%	$33K	—	20x	as long as short
Binance GOOGLUSDT	+0.0033%	8h	357.14	+0.087%	$72.0M	$143.7M	50x	as long as short
Injective GOOGL/USDC PERPshort	+0.0033%	1h	357.12	+0.081%	$128K	$45K	30x
QFEX GOOGL-USD	+0.0038%	1h	357.03	+0.056%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.84	+0.003%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.21	+0.106%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.95	+0.034%	$98.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USDlong	+0.0050%	1h	356.83	long leg	$684K	$430K	10x
SoDEX GOOGL-USD	+0.0050%	1h	356.95	+0.034%	$141	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.81	−0.006%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0052%	8h	357.05	+0.061%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0079%	8h	356.59	−0.067%	$3.0M	$100K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.90	+0.020%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.89	+0.017%	$42K	$39K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.88	+0.014%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.95	+0.034%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.98	+0.043%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.08	+0.070%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0123%	8h	357.10	+0.076%	$11.5M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0134%	8h	357.15	+0.090%	$688K	$236K	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0170%	1h	357.04	+0.059%	$24K	$156K	10x	as long as short
edgeX GOOGLUSDC	+0.0253%	4h	357.06	+0.063%	$208K	$1.2M	10x	as long as short